Edmunds Expects Higher Used Car Sales
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Both used- and new-car sales are expected to rise this month.Edmunds estimates that 3.5 million used vehicles will be sold in February. That is up from 3.1 million in January.Edmunds forecasts that 1,273,428 new cars and trucks will be sold in the U.S. in February for an estimated seasonally adjusted annual rate of 16.8 million. This reflects a 10.8 percent increase in sales from January but a 4.1 percent decrease from February 2017.